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Qualcomm Invests $40M In China

socalTECH

San Diego-based Qualcomm said Thursday that it has committed to investing $40M in China, investing in four different Chinese companies and one venture capital fund. China Walden Ventures Investment is a venture capital fund focused on investing in semiconductor and semiconductor-related businesses in China. READ MORE>>.

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Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest

TechCrunch LA

In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. “We were excited to crossover and invest in Scopely.”

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management. We are deeply invested in growing the business together. Image Credits: SpotOn.

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Midnight Lights Up With $7.5M

socalTECH

The company said its game designers include Chris Heatherly (most recently EVP Games for NBCUniversal and GM of Disney Mobile Games); Geoffrey Hunt (Star Trek: Fleet Command and Game of War: Fire Age); and Bill Roper (Disney Interactive Central Creative, Improbable), and that it was founded by gaming investment banker, CEO Steve Wade, and CTO Steven (..)

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Creative Artists Agency Gets Major Funding From Temasek

socalTECH

The Creative Artists Agency (CAA), the entertainment and sports agency which also is an active investor and partner of technology and media companies here, said this morning that it has received a an investment from Temasek , the $200 billion Singapore investment company. READ MORE>>.

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Catch Media Lands Investment From Motorola

socalTECH

Beverly Hills-based Catch Media , a provider of software used for digital rights management, has scored a strategic funding from Motorola Mobility Ventures , the strategic investment arm of Motorola, the firms said Thursday. Catch Media provides rights registry, tracking, routing, and other technology for digital content.

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Meet Our Startup of the Year Competition Semifinalists: Mobile Therapy

Tech.Co

Climbing the ranks for our Los Angeles, CA region, Mobile Therapy was one of two semifinal winners. If they come out on top, Mobile Therapy can expect prizes and support from Tech Wildcatters, 500Startups, Consumer Electronics Association, Crowdfunder, Techstars, American Airlines, and more!